Top Analysts Revise Snowflake Forecasts Ahead of Imminent Earnings Call
Snowflake Inc. (NYSE: SNOW) is set to announce its third-quarter earnings after the market closes on December 3. Analysts predict a significant earnings increase, expecting the Bozeman, Montana-based firm to report earnings of 31 cents per share, compared to 20 cents in the previous year.
Key Revenue Predictions
The projected revenue for this quarter stands at $1.18 billion, a notable rise from $942.09 million a year earlier. These estimates come from data sourced through Benzinga Pro, underscoring positive growth in Snowflake’s financial performance.
Recent Acquisition and Stock Performance
Recently, Snowflake finalized an agreement to acquire Select Star, which enhances its platform technology. Following this news, the company’s stock experienced a 3.1% increase, closing at $259.68.
Analyst Ratings and Price Targets
Several analysts have revised their ratings and price targets for Snowflake ahead of the earnings call:
- Blair Abernethy>, Rosenblatt: Maintained Buy rating; price target raised to $275 from $250 (December 1, 2025) – Accuracy rate: 69%
- Tyler Radke>, Citigroup: Maintained Buy rating; price target increased to $310 from $275 (November 26, 2025) – Accuracy rate: 67%
- Gregg Moskowitz>, Mizuho: Maintained Outperform rating; price target raised to $285 from $260 (November 17, 2025) – Accuracy rate: 68%
- Bradley Sills>, B of A Securities: Maintained Buy rating; price target boosted to $310 from $280 (November 17, 2025) – Accuracy rate: 65%
- Gray Powell>, BTIG: Maintained Buy rating; price target raised to $312 from $276 (November 12, 2025) – Accuracy rate: 74%
What to Expect Next
With strong analyst support and optimistic revenue forecasts, investors are keenly awaiting Snowflake’s forthcoming earnings report. The increase in price targets reflects analysts’ confidence in the company’s growth trajectory.
For those considering investing in SNOW stock, these insights could provide valuable guidance as they navigate their options.
